xauusd

In the short term, gold (XAU/USD) is expected to remain strong due to geopolitical tensions, potential U.S. Federal Reserve interest rate cuts, and robust demand from central banks. Analysts forecast prices could test $2,800 per ounce, though caution is advised as rapid gains may lead to short-term corrections. Key support and resistance levels are $2,600 and $2,800, respectively.